Gold almost a mirror, solid long term trendline catching up, 20 & 50 ema could push it down below 200 ema toward the long term again..
The meeting point, the 50 & 100 ma just above Fibonacci .5 & .618 positioned nicely. Standard Rsi not giving the game away as usual.. Stop hunt fake out and dump back to the dominant down trend. SP500 looking like a small double bottom setting up...
Very Close to make or break. A very strong downtrend line just above, i think it will break for it and get rejected and back down to 19000 to hit support from the far left which is what it bounced off recently.
Well this are looking very good for the bears in a bear market... still a little room for the fake out move with your Stops set. Not financial advice, just noob observation..
The left strikes again - temporarily.. lets see how the show plays out with the Worlds politics pushing down.
Two trend lines coming back into play and just happen to intersect at the next support level. Could be a fake double bottom just to mess your head up and drop to the next level. As always - dont Diddle in the middle :)
It all points to being bottomed out - Just wait for it to cross the 50 MA and retest for confirmation. Rsi should give the game away with a drop into the Oversold before shooting up thru that 50. perhaps :)
Now theres good Pirates and bad Pirates - but lets drink some Prate Juice before we find out :)
Looking quite a clean setup with a continued trend line to intersect at end - and Fibonaacci just happens to be in that right place too...perhaps
A lot of indicators just love whooping Btc downwards with Double tops and Head n Shoulders - If the pants fit... wear it :)
Well anything is possible - but fun all the same if you get the right entry point.. May just have enough power to launch over the 50 MA and into "Hype"rspace :)
Self explanatory - K.I.S.S ;)
Lately I've noticed if something sought of looks like a shape - it just might be the K.I.S.S. one - perhaps...
Three trend lines pointing to the same place and the 200ma (white) just happens to intersect as well - thanks 'Harly Trades' for reminding me to check it.. P-plater observation - not financial advice :)
A classical pattern. Could coincide with a Crypto bubble pop again - time frame looks about right and pump n dump money gets moved back .. Ma200 looks on track to hit support..
That initial flag pole - just perhaps..
The Long walk home, sometimes we get distracted and the path is not so clear.. the Moons rays of silver have always been point the way :)
My first chart based off what I see, not fancy or tech but it plays out and easier to isolate in shorter time frames.. Interesting that if you didnt follow any market or political news - it still plays out. On the other hand, I hope im wrong so I can learn something new. Fail = 'first attempt in learning' :)